Swiggy slips on profit booking after four-day rally; Q1 loss narrows
Mumbai, July 31 -- The company had reported a narrower quarterly loss and strong revenue growth for Q1 FY27 a day earlier. Its consolidated net loss narrowed to Rs 791 crore in Q1 FY27 from Rs 1,197 crore in Q1 FY26. Sequentially, the loss narrowed from Rs 800 crore in Q4 FY26.
Adjusted revenue increased 34.0% YoY and 6.7% QoQ to Rs 7,112 crore, while revenue from operations rose 37.3% YoY and 6.7% QoQ to Rs 6,812 crore.
Adjusted EBITDA loss narrowed to Rs 651 crore in Q1 FY27 from Rs 813 crore in Q1 FY26, while remaining largely unchanged from Rs 652 crore in Q4 FY26.
Finance costs increased to Rs 53 crore from Rs 41 crore a year ago, while depreciation and amortisation expense rose to Rs 298 crore from Rs 288 crore. Share-based payme...
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